September 28, 2023
To whom it may concern:
Company name:

Furukawa Co., Ltd.

Name of representative:

Minoru Nakatogawa,President and Representative Director(Securities code: 5715; TSE Prime Market)

Inquiries:

Tomohiro Takagi,
General Manager,
Sustainability Promotion Department(Telephone: +81-3-6636-9537)

Notice Concerning Setting Targets for Materiality (Key Issues) on Sustainability Initiatives
At a meeting of the Board of Directors held on November 11, 2022, the Furukawa Company Group (the“Group”) resolved to identify Materiality (Key Issues) on sustainability initiatives, and on the same day
released the “Notice Concerning Identification of Materiality (Key Issues) on Sustainability Initiatives.”
We hereby announce that we have set the targets with respect to Materiality (Key Issues) as follows.
By working diligently to achieve these targets, we aim to achieve targets set forth in Medium Term Business
Plan 2025, realize sustainable growth, and enhance corporate value over the medium to long terms.

Proactive: CSV issues
Materiality (Key Issues) on resolving “social issues” through business
MaterialityTargets

Provide environmentally friendly products,
technologies, and services

Provide products that realize customers reduce CO2 emissions, saveenergy, and increase efficiency

Contribute to the resolution of customer issues

Provide automated machinery products through the use of ICT/AI

Contribute to the creation of a safe and comfortablesociety, including infrastructure development

Provide products and participate in projects to develop
infrastructure and address aging infrastructure

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Defensive: CSR/ESG issues
Materiality (Key Issues) on establishing a robust corporate foundation for growthMateriality

Targets
Reduce CO2 emissions (Scope 1 and Scope 2)- Prepare and publish roadmap for achieving carbon neutrality
by FY2025

Promote climate change
countermeasures in businessactivities
E(Environment)

Reduce water resource usage (FY2028 target vs FY2028 BAU*level: -2%)
* BAU (business as usual): No action taken
Reduce total emissions including waste, etc.
(FY2028 target vs FY2028 BAU level: -3%)
Promote continuous mountain and forest management

Promote biodiversity
preservation activities

Promote activities such as ecosystem restoration on Companyowned property and former mine sites
Reduce the amount of harmful chemical substances (percentreduction in the amount of harmful chemical substances)
Achieve zero accidents and disasters (Industrial accidentfrequency; Industrial accident severity)

Develop a safe and rewarding
work environment that takes
health into consideration

Investigate long working hours by department and by employee
to determine causes and implement countermeasures
Promote improved employee health(Acquire White 500 certification as a Health & Productivity
Management Organization (each fiscal year)
Anomaly observation rate (FY2031: less than 30% for underage 40; less than 50% for age 40 and over)
Develop human resources- Expand annual training hours and number of trainees per year
(1,500 hours; 3,600 trainees)

S(Society)
Recruit and develop diverse
human resources

Increase ratio of female employees- Ratio of female managers (consolidated): 3%- Ratio of women among new graduates hired for general
positions (Company-registered employees hired in Japan):
20%
Increase number of experienced recruits- Ratio of new hires in management/general positions who areexperienced: 40%
Increase employment of persons with disabilities (achievestatutory employment rate)
Take proactive approach to hiring foreign nationals

Promote management thatrespects human rights

Establish human rights policy and promote education
Increase implementation and follow-up rates of human rights
risk assessments of suppliers
Periodically reaffirm business continuity plans (BCP) andpromote business continuity management (BCM)

Develop an enterprise riskGmanagement system(Governance)

Conduct risk assessments and improve response measures- Periodically review high-risk items
Reinforce cyber security system

Ensure compliance

Improve systems to prevent compliance violations

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Public & Investor Relations Section, Corporate Planning Department, Furukawa Co., Ltd.
Telephone: +81-3-6636-9501